10047 Se Sandpine Lane, Hobe Sound
Martin County Real Estate - Hobe Sound
Hobe Sound is in South East Florida. It's population as recorded in the 2010 Census was 11,521. Hobe Sound is approximately 65 miles from Fort Lauderdale (population 165,521) and around 20 miles from Port Saint Lucie (population 164,603).
The median age for residents of Hobe Sound is 53.6. Around 18.3% of Hobe Sound households include school aged children and 45.6% of households include individuals aged 65 years or over. Census records indicate 89.3% of the Hobe Sound population are White, 6.9% are Black or African American, .2% American Indian, .7% Asian and 1.1% are Two or more Races.
There are 6,523 housing units in Hobe Sound. 1,142 (17.5%) of these were reported as vacant in the 2010 Census. Hobe Sound is a tourist destination, 53.6% (613) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,381 residential rental units in Hobe Sound. 1,190 of them were occupied in 2010 providing a residential rental vacancy rate of 13.1%.
Hobe Sound links:
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Martin County
Martin County is part of the southeast region of Florida, along with Indian River, St. Lucie, Miami-Dade, Palm Beach, Broward, and Monroe counties. Martin cities and towns are Stuart, Jupiter Island, Ocean Breeze, and Sewall's Point. Other communities of note include Hobe Sound, Indiantown, Jensen Beach, and Palm City. More than 140,000 people live in Martin County.
County targeted industries include aviation and aerospace, environmental/green technologies, marine industries, and headquarters. Top public sector employers are Martin County School District, Martin County, Florida State Government, City of Stuart, and Indian River State College. Private employers are Martin Memorial Healthcare Systems, Publix Supermarkets, Old Cell Phone, TurboCombustor Technologies Inc, and Florida Power and Light.
The county seat of Stuart is home to over 15,000. Known as the Sailfish Capital of the World, Stuart is a popular boating and fishing destination. Indeed, Ralph Evinrude, owner of Evinrude Outboard Motors, retired to nearby Jensen Beach.
Jupiter Island is a town located in the southeastern section of the county on the barrier island of the same name. Located off the coast of Hobe Sound, Jupiter Island is amongst the five wealthiest places per capita in the country. The town has been home to celebrities such as Tiger Woods, Celine Dion, and Alan Jackson.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 10069 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 10025 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 10046 Se Sandpine Lane | Vacant Residential | 0 | B | |
| 10091 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 10003 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 10024 Se Sandpine Lane | Single Family | 4,267 | B |
 |
| 10068 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 10090 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 10002 Se Sandpine Lane | Single Family | 4,912 | A |
|
| 10113 Se Sandpine Lane | Single Family | 4,824 | B |
|
| 9981 Se Sandpine Ln | Single Family | 4,501 | B |
|
| 10112 Se Sandpine Lane | Vacant Residential | 0 | L | |
| 9980 Se Sandpine Ln | Single Family | 4,501 | B |
|
| 9959 Se Sandpine Ln | Single Family | 4,987 | B |
|
| 10135 Se Sandpine Ln | Single Family | 4,073 | B |
|
Local Household Income
The median household income in this part of Florida is $73,204. The bottom 10% of the population earn less than $25,099 per year. The top 10% earn more than $265,762 per year. The top 1% earn more than $672,729 per year. Most renters earn between $28,200 (20th percentile) and $55,116 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $146,408 and $183,010.
The tax assessed value of this property places it in percentile 94 of all properties in this area. This suggests it would appeal to someone earning around $355,258 per year who should qualify for a mortgage between $710,516 and $888,145.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $955. Most renters earn between $2,350 and $4,593 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $706 (20th percentile) to $1,306 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 94 of all properties in this area. This corresponds to a rent of $1,947 per month and a monthly household income of $6,146 ($73,752 per year)
Nearby Companies
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